Events

We hosted eight companies as part of our Branded Apparel & Retail Conference held on September 3 and 4. Key highlights from our interactions are: 1) First leg of recovery is under way with majority of the store network

We are organising a conference call with the management of Page Industries, to discuss the company’s Q1FY21 financial results on Thursday, September 3, 2020 at 4.00 PM IST. Mr. Vedji Ticku – Executive Director &

Covid-19 is a human and huge crisis. But it has also brought out man in all his glory and purpose—reworking, refashioning and reinventing himself, the way of life and seeking progress in its opportunities. We believe

The Edelweiss Agri and Specialty Chemicals Virtual Conference (held on 29–30th June) yielded good insights. Key management executives of ten leading agri and specialty chemicals players found audience in more than 70

  The notable feature of Q4FY20 results of Aarti Industries (AIL) is the termination of a large contract—annual revenue of INR4bn for ten years (40% EBITDA margin)—by a customer. This may affect medium-term

  Siemens Gas & Power Holding BV, a wholly owned subsidiary of Siemens AG (parent of Siemens Ltd) has proposed to acquire a 24% stake in Siemens India. In our view, this largely puts to rest investor concerns on the

We reckon NTPC’s acquisition of the Government of India’s stakes in THDC and NEEPCO for INR115bn is 3% EPS-accretive. They are also neat strategic fits in NTPC’s renewable aspirations. In our view: i) the acquisitions

JSW Energy (JSW IN, INR 63, Buy)   JSW Energy (JSWE), putting its robust balance sheet and cash flows to good use, acquired 100% stake in GMR Kamalanga (GKEL) 1,050MW for INR53bn EV (broadly in-line with our

Quarterly numbers matter; they lend a quantitative as well as qualitative sheen to what has been (Q1FY20 reviews). But management quotes go far beyond plain-vanilla numbers as they offer deeper insights into

In the most anticipated and a potential test case outcome, the RBI has formally rejected the proposal to merge Indiabulls Housing Finance (IHFL) and Lakshmi Vilas Bank (LVB). The likelihood of a positive outcome was

Mahindra & Mahindra (M&M) today announced a joint venture (JV) with Ford India (FIPL) for 51% equity stake and 50% of the board seats. Key positives are: 1) widens the scope of the ongoing collaboration to

SRF announced closure of its Technical textiles business at Thailand (4% of revenues). Though it is unlikely to have significant impact on financials, we view this step in right direction indicating management’s focus

In this compendium, we have put together Q1FY20 conference call highlights for all the companies under our sectoral coverage, which had conducted the conference call.

In this compendium, we have put together Q1FY20 conference call highlights for all the companies under our sectoral coverage, which had conducted the conference call.

In this compendium, we have put together Q1FY20 conference call highlights for all the companies under our sectoral coverage, which had conducted the conference call.

At our recently concluded Edelweiss Asia Conference—held on August 13 in Hong Kong and August 14 in Singapore—we hosted 14 corporates and ~100 funds, making it a grand success. The mood was somber largely owing to: a)

We interacted with Siemens’ (SIEM) top management at the analyst meet to gain perspective on industry trends as well as the company’s future growth strategy. Key takeaways: a) transition to a solution provider

The Gujarat Pollution Control Board (GPCB) has ordered immediate closure of SRF’s Dahej unit citing violation of industrial waste disposal norms. This unit manufactures specialty chemicals and refrigerant

Adani Logistics Limited (ALL), a 100% subsidiary of Adani Ports and SEZ (APSEZ), has announced the acquisition of Innovative B2B Logistics (InLog) for an enterprise value of INR3.3bn (equity: INR0.4bn). In

Kalpataru Power (KPTL) has forayed into the Nordic region by acquiring 85% of Swedish company Linjemontage i Gastorp AB (Linjemontage) for an enterprise value of USD24mn (equity value INR1.4bn). This acquisition is